Partnership Registration in Nigeria

What you'll need

Requirements for CAC Partnership Registration

• Proposed Business Name: One preferred name for an instant CAC availability check, ending in "LP" or "LLP" as applicable.

• Business Details: Nature of business, specific business activity, business objectives, principal place of business, official email, and phone number.

• Partner Structure: LP requires at least 1 General Partner and 1 Limited Partner (maximum of 20 partners). LLP requires at least 2 Designated Partners, including 1 Nigerian resident.

• Partners' Information: Full name, residential address, date of birth, nationality, occupation, phone number, and email address of each partner.

• Partnership Agreement: The agreement governing ownership, partner responsibilities, profit sharing, and management. Standard CAC templates can be customised.

• Capital Contributions: Details of each partner's financial or non-financial asset contribution to the venture.

• Valid Identification: NIN or other acceptable identification for every partner. Corporate partners should provide their CAC incorporation documents.

• Passport Photograph & Signature: Recent passport photograph and signature of each individual partner.

• Persons with Significant Control: Disclosure details of any individual or entity exercising 5% or more executive control (mandatory for LLPs).

• Professional Qualifications: Proof of professional practice certification (required only for specialized firms like law, accounting, or consulting).